BUS 1096) ETP Business Model Canvas (Group 3) by Wani

BUS 1096) ETP Business Model Canvas (Group 3) by Wani https://padlet.com/wanikim1217/204wbeq77408aawz Business Model Canvas en-us 2021-02-28 22:33:58 UTC 2025-10-09 11:59:37 UTC hello@padlet.com https://padlet.net/icons/png/1f4a1.png 8. Key Partners & Stakeholders wanikim1217 https://padlet.com/wanikim1217/204wbeq77408aawz/wish/1250965378 a. Who are the essential groups you will need to involve to deliver your program?

Teachers, staff and faculty
Chefs, if needed (for preparing meals for children who attend the lecture. )
At least two people are needed to handle the money received for funds

b. Do you need special access to permission?

Parent’s (of individual children) consent
Permission from the government, to make sure our lessons comply with the laws
Permission to collect funds regarding meals and education, to make sure they comply with the fundraising legal duties and regulations.
Have to have a bank account, to store money for funds or maybe for Patreon

]]> 2021-02-28 22:35:39 UTC https://padlet.com/wanikim1217/204wbeq77408aawz/wish/1250965378 7. Key Activities wanikim1217 https://padlet.com/wanikim1217/204wbeq77408aawz/wish/1250967296 a. Commercial

INVESTMENTS needed and other funding from the gov for their education, resources and some profit for running costs and staff costs.
Advertising and good pitches when describing their business ideas to companies.

b. Social

We will motivate the children when teaching them to work towards their future to make the most out of their situation and prevent more child poverty for future generations. By providing different insight programmes, YouTube talks and different people who volunteer to come in and speak form their own experiences which will inspire them. If they apply this knowledge in learning and planning their futures wisely by having career goals then it's more beneficial than just teaching them subjects, not knowing the importance of them and how to self motivate themselves.
The children, communities benefit from improved standard of living and living in less bad influences of different crimes as a result crime will decrease. In the long run, the companies will have more personalised trained workers and if companies and governments see this project works then more people will be encouraged to invest in the children of Nottingham preventing absolute and relative poverty sustainably even through the recessions.

]]> 2021-02-28 22:36:58 UTC https://padlet.com/wanikim1217/204wbeq77408aawz/wish/1250967296 6. Key Resources wanikim1217 https://padlet.com/wanikim1217/204wbeq77408aawz/wish/1250970026

Location: We need community and youth centres where we will teach these children. Also, furniture for a place to sit comfortably and learn.

Finance: We will get financial assistance from the government, donations, or the local council.

Human Resources: We need a few teachers who are competent in teaching literacy, communication or financial skills so that they are delivering value to the students.

Study Materials: The textbooks and notebooks needed for every student.

Technical Materials: The backup laptops planned to be donated by the government and anyone who has sufficient second-hand computers willing to donate, to use for online learning if can’t come in if self-isolating.

]]> 2021-02-28 22:39:10 UTC https://padlet.com/wanikim1217/204wbeq77408aawz/wish/1250970026 2. Value Proposition wanikim1217 https://padlet.com/wanikim1217/204wbeq77408aawz/wish/1250970664 a) User Value Proposition- what are you offering?

Firstly, the company will be based in the city of Nottingham and provide face-to-face teaching for children under 17, who can’t properly get a basic education. Usually, the company will provide lectures on basics and future career skills such as literacy, communication, technology, and personalised skills for the company.
Group 3's company would like to make a partnership with companies who are willing to invest and having a long-run apprenticeship where they are guaranteed to give works for the children who completed the company's required course of skills.

b) Impact Measures- How will you demonstrate that you are creating social impact?

We thought that providing a meal to children who are in a poverty situation might help to make the current situation better, however, ultimately, it is hard to solve ultimate poverty, which is descending from generation to generation. This might be originated from the shortage of education about basic skills as well as future career skills. Therefore, providing lectures about fundamental education and career skills with easy access will help to reduce the ultimate future poverty of children in need.

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a) Customer Value Proposition- What do your customers (want to) get out of this initiative?

Customers (usually children under 17) can plan and prepare their future careers with suitable lectures that are prepared by Group 3's company. These lectures can also help customers to find out their aptitude and interest so that they can think and prepare for their future.

]]> 2021-02-28 22:39:40 UTC https://padlet.com/wanikim1217/204wbeq77408aawz/wish/1250970664 4. Type of Intervention (Customer Relationships) wanikim1217 https://padlet.com/wanikim1217/204wbeq77408aawz/wish/1250971932 a. In this scenario, our main beneficiary is children under 17 who are living in poverty.
b. We want to develop a strong relationship between them and we will do this by providing;

Personal one on one tutoring in case children needs any extra help to understand the material.
User communities where these children can openly express their ideas, knowledge and where we can collaborate with them expressing our own ideas.
Co-creation. This involves the sharing of ideas, perhaps students can advise us on how to change our teaching methods to better suit them. Listening to their views can build a strong relationship with them.
We will also provide a space on our social media sites where they can openly express their views and opinions.

]]> 2021-02-28 22:40:35 UTC https://padlet.com/wanikim1217/204wbeq77408aawz/wish/1250971932 3. Channels wanikim1217 https://padlet.com/wanikim1217/204wbeq77408aawz/wish/1250972942

Through market researching, suitable companies (Proposing these ideas).

Demand is rising for alternatives to Patreon, as the platform has alienated everyone from adult content creators to far-right political figures over the past several years. (Some content restrictions, though, owe more to the changing policies of payment processors and new laws such as FOSTA-SESTA than to crowdfunding platforms themselves).

Social media as a platform for advertising and campaigning, donation platforms can be marketed on here as well and people can donate for a good cause online.

Liberapay, Indiegogo is good for raising big one time projects and it involves crowdfunding. They are seen as the main ways to reach customers and users to secure funding.

Government funding.

]]> 2021-02-28 22:41:21 UTC https://padlet.com/wanikim1217/204wbeq77408aawz/wish/1250972942 1. Customer Segment/s wanikim1217 https://padlet.com/wanikim1217/204wbeq77408aawz/wish/1250973853 a) Beneficiary (Who Benefits from your intervention?)

Mostly, Children(Under 17) suffering from the poverty and who can’t get enough education as well as who want to plan and prepare their future. With better education they will have better jobs therefore better quality of life for them and their future generations.
Poverty becoming more aware of contraceptives and contraception to become aware of the consequences of pregnancy which is abortion which is costly, raising a child is costly and there is more likelihood of STDs if not properly educated which could cost them more money and time to recover from which could be spent earning money and taking care of children.

b) Customer (Who are the people or organisations who will pay to address this issue?)

People who would like to tackle this issue:
Local Community, Government, Corporations

]]> 2021-02-28 22:42:04 UTC https://padlet.com/wanikim1217/204wbeq77408aawz/wish/1250973853 9. Cost Structure wanikim1217 https://padlet.com/wanikim1217/204wbeq77408aawz/wish/1250975074 a. What are your biggest expenditure areas?

Hiring staff for the lessons
Buying essential equipment like desks, stationery, notebooks, textbooks.
Providing meals to poor children
Location hunting/rent of the venue for delivering lessons

b. How do they change as you scale up?

More staff to reach more children and to teach more hours to teach and teaching different ages of children.
Meals stay at a fixed rate because we source from a certain supplier to which we have agreed with a deal to bulk buy their products- purchasing economies of scale.
Equipment is mostly bought once a year- which will also be bulk bought.
Location may get costly with the passage of time, as rents increase.

How much of our costs will come from government subsidies, how much raised and how much invested from private companies.- Hypothetical costs shown below

]]> 2021-02-28 22:42:50 UTC https://padlet.com/wanikim1217/204wbeq77408aawz/wish/1250975074 5. Revenue Streams wanikim1217 https://padlet.com/wanikim1217/204wbeq77408aawz/wish/1250976432

Social media as a platform for advertising and campaigning, donation platforms can be marketed on here as well and people can donate for a good cause online.

Liberapay, Indiegogo is good for raising big one time projects and it involves crowdfunding.

Patreon and Indiegogo are seen as the main ways to reach customers and users to secure funding.

Government funding of money and donating equipment of spare computers and resources like - 70% of funding comes from here.

]]> 2021-02-28 22:43:46 UTC https://padlet.com/wanikim1217/204wbeq77408aawz/wish/1250976432 Additional: 10. Surplus wanikim1217 https://padlet.com/wanikim1217/204wbeq77408aawz/wish/1250977541 a. Where do you plan to invest your profits?

Back into the org for the aspects, this social enterprise has to pay for like the food, staff wages, staff training.
Then the surplus we have will be used to execute new planned and approved projects for the social enterprise but we have to thoroughly plan and try out ideas to make it worth the investment and have a return to make sure not to waste money as there won’t a huge profit generated like other private companies as we don’t have the profit maximising objective and rather operate for the benefit of the people with profit being our second priority as a business.

]]> 2021-02-28 22:44:32 UTC https://padlet.com/wanikim1217/204wbeq77408aawz/wish/1250977541 Additional: 11. Environmental Impact wanikim1217 https://padlet.com/wanikim1217/204wbeq77408aawz/wish/1250977655 a. How do we plan to be environmentally friendly?

As teaching will take place face to face we will encourage the students to use public transport, by working with the local council by offering them free transport. This is also important as parents may not have cars or the time to drop off their children. Also, if they are close to community centre's they can just walk.
By bulk buying equipment we can avoid contributing to CO2 emissions as much as it means less use of transport to transport the goods.
Re-using equipment such as the laptops and providing the teaching at the youth centre means we can keep our carbon footprint down and will stop wastage.
By teaching the students about the environment it may create a pay it forward movement where they become more aware of the environment and what they can do to reduce their carbon footprint.

]]> 2021-02-28 22:44:36 UTC https://padlet.com/wanikim1217/204wbeq77408aawz/wish/1250977655 wanikim1217 https://padlet.com/wanikim1217/204wbeq77408aawz/wish/1317245118 2021-03-16 18:14:27 UTC https://padlet.com/wanikim1217/204wbeq77408aawz/wish/1317245118